Kenneth Todd Lane - 10 Aug 2023 Form 4 Insider Report for LyondellBasell Industries N.V. (LYB)

Role
EVP, Olefins and Polyolefins
Signature
/s/ Lara A. Mason, Attorney-in-Fact
Issuer symbol
LYB
Transactions as of
10 Aug 2023
Net transactions value
-$42,820
Form type
4
Filing time
11 Aug 2023, 16:16:08 UTC
Previous filing
27 Feb 2023
Next filing
23 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYB Class A Ordinary Shares Options Exercise $847,167 +9,491 +13% $89.26 81,940 10 Aug 2023 Direct F1, F2, F3
transaction LYB Class A Ordinary Shares Tax liability $889,987 -8,838 -11% $100.70 73,102 10 Aug 2023 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LYB Stock Options (Right to Buy) Options Exercise $0 -9,491 -33% $0.000000 18,978 10 Aug 2023 Class A Ordinary Shares 9,491 $89.26 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a cashless exercise-and-hold, where shares were withheld to cover the option exercise price and anticipated taxes, and the remaining shares are retained by the reporting person.
F2 Incudes purchase of 194.368049 shares pursuant to the Issuer's Employee Stock Purchase Plan as follows: 134.33538 shares for $74.727 per share allocated on March 31, 2023 and 60.032669 shares for $82.647 per share allocated on June 30, 2023.
F3 Includes 33,827 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 5,878 granted on February 25, 2021 that vest on February 25, 2024; 7,200 granted February 24, 2022 that vest on February 24, 2025; 13,832 granted on May 26, 2022 that vest on May 26, 2024 and 6,917 granted on February 23, 2023 that vest on February 23, 2026.
F4 Granted pursuant to the issuer's long-term incentive plan. Award vests as follows: 9,491 vested February 24, 2023, 9,489 vest February 24, 2024 and 9,489 vest February 24, 2025.